EN DE

Korea Electric Power Corporation (015760) Fair Value & Analysis

Utilities · KR · Market cap 23.2T KRW

KE Korea Electric Power Corporation 015760 · KO
Price35,950 KRW
Fair Value135,125 KRW
Upside+275.9%
Quality41/100
Watch Korea Electric Power Corporation for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 8.9% net margin
High debt · generates free cash flow
4.26% dividend yield
Mixed vs. peers (5/10)
Moderate moat 54/100
Evidence: High Range 96,588 KRW – 279,445 KRW Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 27 days ago

Fair value updated Jul 12, 2026, revised from 135,210 KRW to 135,125 KRW (−0.1%) since Jul 6, 2026. Share price −5.9% over the past month.

Below-average quality, screening 276% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (96,588 KRW). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (96,588 KRW to 279,445 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

67,900 KRW 15,512 KRW Fair Value 135,125 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 15,512 KRW – 67,900 KRW · fair‑value band 96,588 KRW – 279,445 KRW · the 35,950 KRW price screens below the 135,125 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Korea Electric Power Corporation (015760) currently trades at 35,950 KRW, while our model-based Fair Value estimate is 135,125 KRW, implying the stock looks roughly 275.9% undervalued today. We read business quality at 41/100 (below-average quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Korea Electric Power Corporation generated revenue of 97.6T KRW at a net margin of 8.9%. Revenue grew 0.7% year over year. It earns a return on equity of 18.7%. Net debt stands at 128T KRW. Fundamentals as of Jul 12, 2026

Our scenario range runs from 96,588 KRW (bear case) to 279,445 KRW (bull case); at 35,950 KRW, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 48% below its 52-week high and 39% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at 276%, 015760 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 15,095 KRW 87,825 KRW 80
Residual Income 92,673 KRW 129,411 KRW 609,685 KRW 76
Rev-Margin DCF 25,664 KRW 133,235 KRW 255,579 KRW 74
All 26 models by family
DCF Models
FCF DCF 18,805 KRW 105,173 KRW 38
Owner Earnings 61,736 KRW 173,504 KRW 31
5Y Revenue Exit 25,664 KRW 135,034 KRW 276,153 KRW 39
5Y EBITDA Exit 149,657 KRW 366,460 KRW 621,650 KRW 41
5Y P/E Exit 21,845 KRW 127,906 KRW 239,378 KRW 38
10Y Revenue Exit 93,996 KRW 225,949 KRW 36
10Y EBITDA Exit 84,390 KRW 258,187 KRW 495,216 KRW 37
10Y P/E Exit 1,127 KRW 88,939 KRW 197,288 KRW 35
Earnings-Based
Graham-Dodd 90,512 KRW 277,996 KRW 369,233 KRW 54
Lynch FV 59,911 KRW 85,587 KRW 111,263 KRW 50
PEG = 1.0 59,911 KRW 85,587 KRW 111,263 KRW 46
EPV 63,080 KRW 96,654 KRW 126,498 KRW 59
Dividend Discount
Gordon GGM 3,248 KRW 7,091 KRW 11,931 KRW 70
DDM Multi-Stage 3,248 KRW 5,444 KRW 7,390 KRW 61
Multiples
P/E Multiple 199,659 KRW 266,212 KRW 332,765 KRW 63
P/S Multiple 169,710 KRW 226,280 KRW 282,850 KRW 58
P/B Multiple 168,829 KRW 225,106 KRW 281,382 KRW 55
EV/EBIT 158,207 KRW 253,334 KRW 348,461 KRW 53
EV/EBITDA 288,355 KRW 426,865 KRW 565,375 KRW 54
EV/Revenue 65,194 KRW 147,637 KRW 230,081 KRW 43
Asset-Based
NCAV (Graham) 37,518 KRW 50,274 KRW 75,035 KRW 50
Growth DCF
Growth DCF 15,095 KRW 87,825 KRW 80
Rev-Margin DCF 25,664 KRW 133,235 KRW 255,579 KRW 74
Economic Profit
Residual Income 92,673 KRW 129,411 KRW 609,685 KRW 76
ROIC Compounder 63,080 KRW 110,259 KRW 179,252 KRW 72
Growth Earnings
Growth-Adj P/E 165,192 KRW 235,989 KRW 306,785 KRW 68

Widest divergence: Growth Earnings (235,989 KRW) versus Dividend Discount (5,444 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 97.6T KRW
Revenue growth (YoY) +0.7%
Net margin 8.9%
Return on equity 18.7%
Free cash flow 4.9T KRW FY2025
Operating margin 15.6%
More key figures
Dividend yield 4.3%
EPS growth (YoY) +7.1%
Net debt 128T KRW FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 44 · Market factors (momentum, volatility) 27

Profitability 35
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 8
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Korea Electric Power Corporation, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through five segments: Electricity Sales, Nuclear Power Generation, Thermal Power Generation, Power Support, and Other.

Full company description

Korea Electric Power Corporation, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through five segments: Electricity Sales, Nuclear Power Generation, Thermal Power Generation, Power Support, and Other. It builds and operates overhead and underground transmission power grids; offers digital substations, grid stabilization equipment, and predictive diagnostic system; high voltage direct current transmission; distribution network construction, distributed energy, and smart distribution network; power outage prevention, insulated sticks, and scheduled power shutdowns; and smart metering service. The company also engages in electricity sale and demand management; electric vehicle charging; microgrid; urban energy planning platform; solar power generation projects; and clean hydrogen businesses, as well as research and development. In addition, it is involved in thermal, nuclear, wind, solar, and hydro power generation; power grid consulting/EPC projects; HVDC submarine transmission; power plant engineering and maintenance; nuclear fuel design and manufacturing; power IT services; investment activities; coal ash industrial materials resource manufacturing; facility management and service; wood pellet utilization; and securitization. The company was formerly known as Korea Electric Company and changed its name to Korea Electric Power Corporation in January 1982. Korea Electric Power Corporation was founded in 1961 and is headquartered in Naju-si, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Korea Electric Power Corporation reported revenue of 96.6T KRW in FY2025 versus 60.6T KRW in FY2021, a compound +12.4%/yr. Reported net income was 8.5T KRW in FY2025.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
96.6T KRW
Latest YoY
+4.3%
Avg. growth/yr (3Y)
+10.7%
Avg. growth/yr (5Y)
+10.5%
Avg. growth/yr (25Y)
+6.8%
Revenue +12.4%/yr
FY21 60.6T KRW
FY22 71.3T KRW
FY23 87.5T KRW
FY24 92.6T KRW
FY25 96.6T KRW
Net income
FY21 −5.3T KRW
FY22 −24.5T KRW
FY23 −4.8T KRW
FY24 3.5T KRW
FY25 8.5T KRW

Watch 015760: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Korea Electric Power Corporation Fair Value". https://www.fairvalue-calculator.com/stock/015760

Peer Group

Utilities - Regulated Electric · 155 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 41 · Bottom 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 9% · Below median
Operating margin (TTM) 16% · Below median
Revenue growth 1% · Below median
Dividend yield (TTM) 4.3% · Top 25%
Debt / equity 1.74× · Higher than 75% of peers

Valuation Multiples vs Utilities - Regulated Electric median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 9
FUTURE 4 · sector 32
PAST 75 · sector 39
HEALTH 13 · sector 53
DIVIDEND 85 · sector 56

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $88.80 $32.94 -63%
The Southern Company SO $95.61 $61.06 -36%
Duke Energy Corporation DUK $126.11 $97.11 -23%
National Grid plc NGG 61,175 ARS 44,377 ARS -27%
American Electric Power Company AEP $132.50 $79.33 -40%
Dominion Energy, Inc D $70.08 $46.92 -33%
NTPC Limited NTPC ₹341.85 ₹377.16 +10%
CEZ, a. s. CEZ 232.40 PLN 159.33 PLN -31%
Power Grid Corporation POWERGRID ₹283.55 ₹252.77 -11%
China National Nuclear Power Co 601985 ¥8.91 ¥7.69 -14%

Compare Korea Electric Power Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Korea Electric Power Corporation (015760) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 135,125 KRW versus a price of 35,950 KRW, about +276% (undervalued).
What is the fair value of 015760?
Our model-based fair value for Korea Electric Power Corporation is 135,125 KRW (as of Jul 12, 2026), built from audited fundamentals. The current price is 35,950 KRW.
What is the quality score of 015760?
Korea Electric Power Corporation has a Quality Score of 41/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Korea Electric Power Corporation (015760)?
Korea Electric Power Corporation reported trailing-twelve-month revenue of about 97.6T KRW (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 015760?
The net profit margin of Korea Electric Power Corporation is about 8.9%, meaning it keeps roughly 8.9% of revenue as net income. Based on the latest reported figures.
Does Korea Electric Power Corporation pay a dividend?
Korea Electric Power Corporation currently shows a dividend yield of about 4.05% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Korea Electric Power Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.